Established Deli with Beer & Wine
Asking Price: | $249,000 |
Inventory: | $5,000 |
EBITDA: | $115,000 |
Gross Revenue: | $641,000 |
Rent: | $5,360 |
Established Year: | 2000 |
Established for decades and under current ownership since inception is this East Coast style deli in the heart of Huntington Beach. This deli offers a variety of hot and cold sandwiches, burgers, loaded fries, wings, and more. The bread is baked fresh daily and this can make all the difference in a proper sandwich and brings the customers back over and over again.
The current lease has two years left and the buyer needs to negotiate a longer term lease which we expect no issue with this as long as they are qualified. The new owners can also reopen on Mondays and extend the hours to 8 or 9 p.m. to increase the sales. Additional growth opportunities are 3rd party catering services, school accounts and corporate events just to name a few.
2023 MONTHLY FINANCIAL ANALYSIS (Projection)
Sales: $56k Rent: $5360 Payroll: $15k C.O.G.: 21K
Misc: $5k (Uncontrollable of utilities, credit card processing, maintenance etc.) Net Potential income: $9600 monthly or $115k a year
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